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zheka24 [161]
3 years ago
9

What group is primarily responsible for the creation of International Financial Reporting Standards (IFRS)?

Business
1 answer:
Nookie1986 [14]3 years ago
5 0

Answer:

The correct answer is Option B.

Explanation:

International Accounting Standards Board (IASB)  was established in 2001 to replace the International Accounting Standards Committee. It is a private-sector and independent body that approves and develops International Financial Reporting Standards (IFRS). IFRS is an accounting standard that tends to uniform the financial reporting standards across different organizations across different countries. The IASB also makes pronouncement on new and emerging IFRS standards.

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In preparing its August 31, 2020 bank reconciliation, Bing Corp. has available the following information:
pav-90 [236]

Answer:

a. $19,800

Explanation:

The computation of the correct cash balance is shown below:

= Balance per bank statement + Deposit in transit - Outstanding checks

= $18,650 + $3,900 - $2,750

= $19,800

We simply added the deposits and deducted the outstanding checks to the bank balance so that the accurate amount can come.

All other information which is given is not relevant. Hence, ignored it

4 0
4 years ago
All are signs of neglect and emotional abuse EXCEPT:
kolbaska11 [484]

A.

Doesn't have to be adults it can be someone their age or younger

5 0
3 years ago
Read 2 more answers
Brustle's Pottery either factors or assigns all of its receivables to other firms. This is known as: a. capital financing. b. ac
Mazyrski [523]

Answer:

Accounts receivable financing

Explanation:

The accounts receivables are used as a collateral to receive a loan from the bank or factor. The amount received are deducted from the loan assigned and the remainder are paid back to the firms. The interest rate is agreed between the factor and firm using invoice discounting. Whereas the factoring is the assigning of the responsibility of accounts receivables management to the other organization. So both of these are the ways through which accounts receivables are used to finance the company's working capital or long term projects.

5 0
3 years ago
This morning you purchased one share of stock for $14. The stock pays $.20 per share each quarter as a dividend. What must the s
Ulleksa [173]

Answer:

$14.88

Explanation:

The computation of the stock price is given below:

A total return of 12% means that

= 0.12 × 14

= $1.68 in a year.

Now  

The total dividend payments for 4 quarters is

= 0.2 × 4

= $0.8.

Now the price of the stock should increase by

= 1.68 - 0.8

= 0.88

So the stock price one year from now is

= 14 + 0.88

= $14.88

5 0
3 years ago
What is generally one of the major differences between union and nonunion workers?
musickatia [10]

Answer:

Union workers earn more money for similar work.

Explanation:

A labour union is when a group of workers come together to form an association for the benefit of members of the union. Labour unions have a higher bargaining power when compared with non union workers. This increases their potential for higher wages and better working conditions

Examples of labour unions in the US include :

  1. American Federation of State, County, and Municipal Employees  
  2. American Federation of teachers
  3. United Food and Commercial Workers  
  4. United Auto Worker
4 0
3 years ago
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